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Nov 28, 2012
11/12
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and democrats say there's been little progress in talks over the "fiscal cliff." >> we are not going to accept an unfair deal that hurts middle class america today and protect the wealthiest americans. >> seems like our friends on the other side are having some difficulty kind of turning off the campaign. >> and powerball, the prize hits a record high. >> i can't think what it would be like. >> never live to spend that kind of money. >> from across the bay to around the world, the stories that matter on "eyewitness news this morning." >> your realtime captioner: linda marie macdonald. >>> good morning, it's wednesday, november 28. i'm michelle griego. >> hi, everybody. i'm frank mallicoat. 5:31. and get ready to get soaked on this wednesday. check out cbs 5 hi-def doppler. it's all covered in green in a big way. the rain and wind are starting to pick up and it's expected to be a messy morning commute in the next few minutes. we have live team coverage on the first big round of the rain. >> cate caugiran is at the richmond/san rafael bridge with more on all those whipping winds and el
and democrats say there's been little progress in talks over the "fiscal cliff." >> we are not going to accept an unfair deal that hurts middle class america today and protect the wealthiest americans. >> seems like our friends on the other side are having some difficulty kind of turning off the campaign. >> and powerball, the prize hits a record high. >> i can't think what it would be like. >> never live to spend that kind of money. >> from across...
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republicans and democrats are talking, no breakthrough locked in a stalemate. president obama demanding higher tax rates for the wealthy and permanent extension of the debt ceiling be part of a deal. >> he showed what is he is after is assuming unprecedented power without limit. >> reporter: republicans say they will only raise tax revenue in exchange for deep spending cuts. if washington can't strike a deal one casualty would be the end of compensation for long term unemployed, people like melinda worried. >> christmas and things of that nature probably off the table. >> reporter: aides met yesterday but no signs of progress. tahman bradley, abc7 news. >>> if you park at a bart station while riding the trains get ready for potential hike in fees by 50 cents twice a year at high volume lots. it would cap the increases to $3 a day. currently commuters shell out a dollar. west oakland costs five. bart makes 15 million dollars a year in parking fees, an increase could mean extra five million dollars annually. >>> muni offering riders a holiday gift, free rides onl
republicans and democrats are talking, no breakthrough locked in a stalemate. president obama demanding higher tax rates for the wealthy and permanent extension of the debt ceiling be part of a deal. >> he showed what is he is after is assuming unprecedented power without limit. >> reporter: republicans say they will only raise tax revenue in exchange for deep spending cuts. if washington can't strike a deal one casualty would be the end of compensation for long term unemployed,...
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Dec 5, 2012
12/12
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KRON
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as negotiations as negotiations to avoid the so-called "fiscal cliff" continue, republicans were equally dismissive of the last proposal from the president. >> his proposal was so outlandish i don't think we should go back to the table until he puts something there that we can work with. >> the key sticking point between the two sides hasn't changed -- tax rates for the wealthy. >> the math is clear. the only way to accomplish these things is to allow the rates to go up on the top 2 percent of taxpayers.// >> he's punishing success. we'll put at risk the economic growth that we really need to create the jobs, to create taxpayers and to create the revenue we need to lower our deficit. >> after a white house meeting tuesday, a bipartisan group of governors expressed hope an agreement will be reached, soon. none of us >> but none of us want to see taxes on middle class folks go up and we think it would have a significantly negative impact on our economy but we are not backing one particular plan or the other. >> experts forecast economic turmoil in january, if a deal is not reached. in wash
as negotiations as negotiations to avoid the so-called "fiscal cliff" continue, republicans were equally dismissive of the last proposal from the president. >> his proposal was so outlandish i don't think we should go back to the table until he puts something there that we can work with. >> the key sticking point between the two sides hasn't changed -- tax rates for the wealthy. >> the math is clear. the only way to accomplish these things is to allow the rates to go...
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Dec 3, 2012
12/12
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KRON
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there 28 days into the fiscal cliff. if the combination of automatic tax increases, as spending cuts that will kick in if congress does not act. if president obama and republicans appear to be playing a game of political chicken. if the president put out a proposal for 1.6 trillion and higher taxes over the next 10 years. he is also proposing 600 billion in spending cuts and 200 billion in new spending to stimulate the economy. house speaker and republican leader john bonner says that the president's plan is in serious. treasury secretary tim geithner is criticizing republicans say that they have no plan. as of right now. we are nowhere on the fiscal cliff. >> 3 you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going t
there 28 days into the fiscal cliff. if the combination of automatic tax increases, as spending cuts that will kick in if congress does not act. if president obama and republicans appear to be playing a game of political chicken. if the president put out a proposal for 1.6 trillion and higher taxes over the next 10 years. he is also proposing 600 billion in spending cuts and 200 billion in new spending to stimulate the economy. house speaker and republican leader john bonner says that the...
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Nov 26, 2012
11/12
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KPIX
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they're expressing optimism about the prospect of reaching a deal to avoid the fiscal cliff but cbs reporter danielle hotting ham said they're also sounding some alarms. >> reporter: the senate returns today with just five weeks left to hammer out a deal to avoid the fiscal cliff. republican senator bob corker says lawmakers need to show some political courage to prevent tax increases and spending cuts from taking effect january 1st. >> there's a menu of options on the revenue side and on the entitlement side, and while there are two parties, they are willing to solve this problem, this is a very easy thing to do technically. >> reporter: republicans are hinting they may be open to a compromise that raises revenue but many are still firm they won't let bush-era tax cuts expire for the wealthiest americans. >> i would be very much opposed to raising tax rates but i do believe we can close a lot of loop holes. >> reporter: democrats say just closing loop holes and limiting deductions is not enough to make a dent in the nation's $16 trillion deficit. >> you've got to raise additional revenues,
they're expressing optimism about the prospect of reaching a deal to avoid the fiscal cliff but cbs reporter danielle hotting ham said they're also sounding some alarms. >> reporter: the senate returns today with just five weeks left to hammer out a deal to avoid the fiscal cliff. republican senator bob corker says lawmakers need to show some political courage to prevent tax increases and spending cuts from taking effect january 1st. >> there's a menu of options on the revenue side...
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Dec 21, 2012
12/12
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KTVU
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to vote on his plan b and avehicle code going over the fiscal cliff. ktvu kyla campbell joins us live. >> reporter: tori, speaker boehner is going to talk in about 45 minutes. it will be the fist time boehner is speaking out after a called off vote last night. there was not enough republican support to vote on boehner's plan b which would have raised taxes on those making more than $1 million a year. last night boehner released a statement saying it is now up to president obama and senate majority leader harry reid to come up with a plan. democratic congresswoman debbie said this morning boehner and the president had just a short distance to go before reaching a deal. >> that is the speaker throwing up his hands and advocating his responsibility to come to the negotiating table. >> reporter: the president says he is confident he and congress can quickly work together to come up with a deal before the deadline which is now just ten days away. live in washington kyla campbell ktvu channel 2 news. >>> president obama and vice president joe biden will join
to vote on his plan b and avehicle code going over the fiscal cliff. ktvu kyla campbell joins us live. >> reporter: tori, speaker boehner is going to talk in about 45 minutes. it will be the fist time boehner is speaking out after a called off vote last night. there was not enough republican support to vote on boehner's plan b which would have raised taxes on those making more than $1 million a year. last night boehner released a statement saying it is now up to president obama and senate...
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Dec 27, 2012
12/12
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KGO
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cliff. he boarded air force one overnight and will be arriving in maryland around 8:45 this morning. the president cut short his vacation. democrats and republicans have just four days to reach a deal before mandatory budget cuts and tax increases kick in january 1st. >>> new senator representing hawaii will arrive on capitol hill today. lt. governor will fill the seat left vacant by the death of senator daniel inouye. he was chosen from a list of three yesterday. the 40-year-old has served as state lawmaker and chairman of the hawaii democratic party. he will serve until an election in 2014. >>> lance armstrong has until today to appeal the ban imposed on him. he lost his seven titles december 6th, when the international cycling<ç÷%Ñ union banned him from the sport for life. penalties came after the united states anti-doping agency hit him with similar sanctions for using banned substances. armstrong did not appeal. it appears he won't challenge this latest ban. >>> gun buy-back in los a
cliff. he boarded air force one overnight and will be arriving in maryland around 8:45 this morning. the president cut short his vacation. democrats and republicans have just four days to reach a deal before mandatory budget cuts and tax increases kick in january 1st. >>> new senator representing hawaii will arrive on capitol hill today. lt. governor will fill the seat left vacant by the death of senator daniel inouye. he was chosen from a list of three yesterday. the 40-year-old has...
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Nov 30, 2012
11/12
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KTVU
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. >> today house speaker john boehner rejected president obama's proposal to avoid the fiscal cliff. boehner said no progress was made. boehner accused democrats of not being serious of real spending cuts. but democrats say republicans are causing the hold up. the proposal consisted of $1.6 trillion in higher taxes, they also wanted 50 billion for infrastructure. the president in return approved spending cuts this year and legislation for saving up to $400 million for programs like medicare over a decade. >>> former rivals president obama and governor romney spoke in private. and what they said remains in private. the white house did release a photo and reported that they had white turkey chili and south western chicken salad. when romney arrived, a man ran up to him and said something. secret service quickly ran up to him. >>> imagine running the equivalent of a marathon a day. patty lee shows us what inspired a 25-year-old san francisco woman to spend the past five months making this cross country journey. >>> it took four months, 3,200 miles and 12 pairs of running shoes to get he
. >> today house speaker john boehner rejected president obama's proposal to avoid the fiscal cliff. boehner said no progress was made. boehner accused democrats of not being serious of real spending cuts. but democrats say republicans are causing the hold up. the proposal consisted of $1.6 trillion in higher taxes, they also wanted 50 billion for infrastructure. the president in return approved spending cuts this year and legislation for saving up to $400 million for programs like...
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Nov 28, 2012
11/12
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KNTV
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and avoid that fiscal cliff. democrats split on whether to cut programs like medicaid and medicare while republicans signal they may agree to higher taxes for the wealthy. >>> half a billion. powerball fever grows. now worth $500 million. it's the
and avoid that fiscal cliff. democrats split on whether to cut programs like medicaid and medicare while republicans signal they may agree to higher taxes for the wealthy. >>> half a billion. powerball fever grows. now worth $500 million. it's the
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Dec 20, 2012
12/12
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KGO
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house speaker boehner is planning a vote on a republican plan to avoid the so-called fiscal cliff plan b would block tax increases beginning january 1st. he hopes to put more pressure on pfpls. -- to put more pressure on president obama to make concessions. >>> if your holiday shopping procrastinator you are in luck many stores have been holding back and big deals and expected to roll out savings this final weekend before christmas. analysts say shoppers can expect 70% off and buy one get one free.ets signs even higher retailers are expected to slash prices holiday sales are down 4% from last year online sales have increased. >> let's check in with mike for a look at the weather. >>> good morning. going to have mid to upper 50s today, increasing clouds and breezy, sprinkles north bay during the daylight hours best chance of rain reaching the bay will be after the sun sets especially overnight into tomorrow morning. you can see this afternoon to our north low to mid 60s sunshine down south tahoe we all want to ski in powder but you have to leave today, heavy snow starts tomorrow morning
house speaker boehner is planning a vote on a republican plan to avoid the so-called fiscal cliff plan b would block tax increases beginning january 1st. he hopes to put more pressure on pfpls. -- to put more pressure on president obama to make concessions. >>> if your holiday shopping procrastinator you are in luck many stores have been holding back and big deals and expected to roll out savings this final weekend before christmas. analysts say shoppers can expect 70% off and buy one...
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Dec 21, 2012
12/12
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KGO
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they are worried about going over the fiscal cliff into a recession. yórñ house republican leaders postponed vote on legislation that would raise taxes on households earning more than a million dollars we'll see how spocks respond to what boehner has to say. $;ç republicans -- [ inaudible ] here's how the markets dealing with this, lower not as bad as futures were indicating, still steep losses. bloomberg index trading didn't. a@ásg& maps has a bad reputation, a company says the app is three times more likely to get you lost compared to google maps. [ inaudible ]om/m lottery, tickets, candy are presents last minute shoppers frequently go for. [ inaudible ]Ôt[ i'm jane king. >>> mike joining us now. not a gift to any of us, rain is good, but -- >> it has been a little too much, flooding in windsor, flooding in forestville now a little ponding on the roads rain coming down at a light to moderate clip now definitely heavier at times during the morning hours in petaluma want to thank terry and his photographer. steve is out there, thanks guys. yellows and oranges moving away from petaluma s
they are worried about going over the fiscal cliff into a recession. yórñ house republican leaders postponed vote on legislation that would raise taxes on households earning more than a million dollars we'll see how spocks respond to what boehner has to say. $;ç republicans -- [ inaudible ] here's how the markets dealing with this, lower not as bad as futures were indicating, still steep losses. bloomberg index trading didn't. a@ásg& maps has a bad reputation, a company says the app...
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Dec 17, 2012
12/12
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KPIX
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what republicans now putting on the table to avoid the "fiscal cliff." >> and repairs under way. what chevron is doing to prevent another fire at its richmond refinery. >> and mother nature putting on quite the show. why nearby neighborhoods are being put on high alert. ,,,,,,,,,,,, this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. sharable data across 10 devices with unlimited talk and text. get a droid razr m by motorola for $49.99. capital. orange is the seco highest warning level. over the >>> ecuador issued an orange alert for towns nearbyists erupting volcano over the weekend. it experienced a moderate eruption and larger ones. burning rock, gas and ash. authorities continue to encourage residents living near the volcano to not live there right now. >> what is the last volcano to have erupted in california? >> the last volcano to have erupted in california. >> you can see it at the top of mount diablo. >> which is it? >> mount lassen 1914 to 1922. >> and then we're due again! [ laughter ] >> it won't
what republicans now putting on the table to avoid the "fiscal cliff." >> and repairs under way. what chevron is doing to prevent another fire at its richmond refinery. >> and mother nature putting on quite the show. why nearby neighborhoods are being put on high alert. ,,,,,,,,,,,, this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. sharable data across 10 devices with...
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Dec 4, 2012
12/12
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KOFY
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could face massive spending cuts and tax increases known as the fiscal cliff. they are talking about it in washington. today congressional republicans put forward alternative to the president plan. but tonight we are no closer to a deal. political reporter mark matthews explains what that means. >> san francisco cafe owner has been watching the cliff creep closer an hoping for rest logs. >> because if they don't it's going to be really tough. >>reporter: he's talking about employees. see the income taxes increase by a couple of thousands dollars. >> cost of living is really high and tough to make it especially in the city like san francisco. >>reporter: if congress and president can't reach an agreement income taxes will go up on nearly all americans. average family will be paying an extra 2000 to 2400 dollars a year. automatic spending cuts mean cuts to education. transportation. research and development. there's proposal to up airline fee that is could raise 1 billion dollars cutting back on those who 7 fad stamps could bring in another 4 to 16 billion over 1
could face massive spending cuts and tax increases known as the fiscal cliff. they are talking about it in washington. today congressional republicans put forward alternative to the president plan. but tonight we are no closer to a deal. political reporter mark matthews explains what that means. >> san francisco cafe owner has been watching the cliff creep closer an hoping for rest logs. >> because if they don't it's going to be really tough. >>reporter: he's talking about...
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Dec 27, 2012
12/12
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cliff he boarded air force one overnight and will be aliveing at andrews in maryland 8:45 our time this morning he cut short his vacation, democrats and republicans have four days to reach a deal before mandatory budget cuts and tax increases kick in january 1st. >>> at least 200 teachers will get concealed weapons training in utah today, overflow crowds are expected when gun rights advocates waive usual fee for teachers. the training tolls the shooting tragedy in newtown, connecticut. gun groups believe teachers can act more quickly than law enforcement in those critical first minutes to protect children. >>> gun buy-back event in los angeles is being called a huge success, you can see why. people in their cars lined up for miles yesterday to turn in their firearms. event is held once a year and takes place in the spring, the mayor moved it up to take advantage of the outrage over the connecticut school massacre, the city gave away up to $200 in grocery gift cards. >>> lance armstrong has until today to appeal the ban imposed on him. he lost his seven titles december 6th, when the inte
cliff he boarded air force one overnight and will be aliveing at andrews in maryland 8:45 our time this morning he cut short his vacation, democrats and republicans have four days to reach a deal before mandatory budget cuts and tax increases kick in january 1st. >>> at least 200 teachers will get concealed weapons training in utah today, overflow crowds are expected when gun rights advocates waive usual fee for teachers. the training tolls the shooting tragedy in newtown, connecticut....
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Sep 11, 2012
09/12
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KNTV
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the fiscal cliff is getting put off until after election day. the farm bill will help with the drought is partially postponed because republicans are pushing for a cut in food stamps. >> the american people are asking to balance this budget. >> reporter: each side blames the other. >> for people that are outside and out of work, they're astonished by the fact that this congress won't do anything and seems content to kick the can down the road. >> reporter: so what might get passed before the election? merely one of those short-term stopgap spending bills to keep government going past september 30th. way before then, at the end of this week, house lawmakers will adjourn so they can go back home and run for reelection. live from capitol hill, i'm steve handelsman, nbc bay area news. >> steve, thank you. >>> closer to home, a sharp decline in popularity for san francisco mayor ed lee. the chronicle reporting that ten months after his election victory, 49% of voters approve of the job he is doing that. is in sharp contrast to the 60% favorable ratin
the fiscal cliff is getting put off until after election day. the farm bill will help with the drought is partially postponed because republicans are pushing for a cut in food stamps. >> the american people are asking to balance this budget. >> reporter: each side blames the other. >> for people that are outside and out of work, they're astonished by the fact that this congress won't do anything and seems content to kick the can down the road. >> reporter: so what might...
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Dec 3, 2012
12/12
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KPIX
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. >>> republicans and democrats are in a stalemate in negotiations to avoid that "fiscal cliff." as susan mcginnis reports, key players took to the sunday talk shows to make their case. >> reporter: the white house is already decorated for the holidays, but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act, america will ring in the new year with $110 billion in spending cuts and a $500 billion tax increase leaving the average household with a nearly $3,500 hangover. treasury secretary timothy geithner was on capitol hill to present the plan to congress. >> i was flabbergasted. i looked at him, i says, you can't be serious. >> reporter: president obama wants $1.6 trillion in new taxes on the rich, $400 billion in cuts to entitlement programs, such as medicare, and $50 billion in stimulus spending. >> the president and the white house have had three weeks and this is the best we've got?! >> reporter: mitch mcconnell laughed at them last week. now geithner says if they don't like the president's plan, the
. >>> republicans and democrats are in a stalemate in negotiations to avoid that "fiscal cliff." as susan mcginnis reports, key players took to the sunday talk shows to make their case. >> reporter: the white house is already decorated for the holidays, but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act, america will ring in the new year with $110 billion in spending cuts and a...
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Dec 18, 2012
12/12
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KGO
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optimism a deal on the fiscal cliff can be reached before the year end deadline. the talks continued after the house speaker2v offered hikes9n tax rates for earners making $1 million a year, boehner had no comment after that meeting. house majority leader senator reid briefed congress it appears at that stage we'll see if anything changes but it appears we're going to be coming back a day after christmas to complete work on the fiscal cliff to go over item autos the meeting lasted about 45 minutes. the sides do remain far part on tax rates with the president wanting to raise taxes on income earners over $250,000 per year. >> city leaders will consider a proposal to declare the air there a no-drone zone. the commission is worried law enforcement will use technology to spy on citizens. voters set for tomorrow. and and supervisors had a plan tolsret up a grant on surveillance drone. the supervisors and sheriff came under pressure by privacy advocates including american civil liberties union. >> richmond city officials said to meet to consider permits for repairing t
optimism a deal on the fiscal cliff can be reached before the year end deadline. the talks continued after the house speaker2v offered hikes9n tax rates for earners making $1 million a year, boehner had no comment after that meeting. house majority leader senator reid briefed congress it appears at that stage we'll see if anything changes but it appears we're going to be coming back a day after christmas to complete work on the fiscal cliff to go over item autos the meeting lasted about 45...
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Dec 30, 2012
12/12
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KGO
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there will be a lot more on the fiscal cliff coming up this morning on abc's "this week." charles summer of new york and republican senator john kyle of arizona debate the last-minute efforts. that's coming up at 8:00 this morning on" this week "with george stephanopoulos on abc7. >>> coming up, an attempt to rescue a man that fell into icy water goes horribly wrong as several more people fall in trying to save him. we will tell you what happened next. >>> and the last-minute push is on to prepare for the new year's day tournament of roses parade. find good morning! wow. want to start the day with something heart healthy and delicious? you're a talking bee... honey nut cheerios has whole grain oats that can help lower cholesterol. and it tastes good? sure does! right... ♪ wow. delicious, right? yeah. it's the honey, it makes it taste so... ♪ well, would you look at the time... what's the rush? be happy. be healthy. >> an internet scam is thriving this holiday season. what looks like e-mails from friends needing money is far more sinister. the fbi has more than 150,000
there will be a lot more on the fiscal cliff coming up this morning on abc's "this week." charles summer of new york and republican senator john kyle of arizona debate the last-minute efforts. that's coming up at 8:00 this morning on" this week "with george stephanopoulos on abc7. >>> coming up, an attempt to rescue a man that fell into icy water goes horribly wrong as several more people fall in trying to save him. we will tell you what happened next. >>>...
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Nov 12, 2012
11/12
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KGO
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she is returning to capitol hill to push a deal backed by the president to avoid the fiscal cliff. republicans who still control the house have already started digging in. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> we have a deficit that we have to deal with. we have to do it with growth, creation of jobs. we have to do it with cuts, we all know that. but we also have to do it with revenue. >> if a deal with congress reached by year's end scheduled budget cuts will be imposed 400,000 government jobbed tieed to defense slashed another 400 jobs eliminated. >>> members of congress say they want more information about the investigation into the resignation of cia director petraeus who quit last week after admitting to an extramarital relationship. senator feinstein says she has been briefed by the fbi but wants to know why the bureau didn't notify her sooner. biographer paula broad will tell who had an affair with -- paula broadwell who had affair with petraeus sent an e-mail to a woman who was not involved with petraeus. >> i ha
she is returning to capitol hill to push a deal backed by the president to avoid the fiscal cliff. republicans who still control the house have already started digging in. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> we have a deficit that we have to deal with. we have to do it with growth, creation of jobs. we have to do it with cuts, we all know that. but we also have to do it with revenue. >> if a deal with congress...
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Nov 28, 2012
11/12
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KNTV
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how does the fiscal cliff impact california? larry, a lot of talk on how it will impact high earners. a lot of middle income class folks could feel it as well. >> if we go over the fiscal cliff, we're going to suffer as much as anyone else. that in itself is a distressing combination. of 2 million jobs lost nationwide, expected to be lost because of reduced government spending, 230,000 will disappear here. that breaks down to 135,000 in defense and 95,000 in other nondefense sections. in fact, the state will lose $11 billion in income during the first year alone. >> wow. so you've got employment issues, but what about other subsidies that we might lieu? >> and there are a lot. those in the greatest need of course will suffer the most. it's expected at least 500,000 californians will immediately lose extended unemployment benefits. education tax credits and other credits for low income families. also, federal aid education, agriculture subsidies will be reduced if not eliminated, at least for the time being. between higher taxes
how does the fiscal cliff impact california? larry, a lot of talk on how it will impact high earners. a lot of middle income class folks could feel it as well. >> if we go over the fiscal cliff, we're going to suffer as much as anyone else. that in itself is a distressing combination. of 2 million jobs lost nationwide, expected to be lost because of reduced government spending, 230,000 will disappear here. that breaks down to 135,000 in defense and 95,000 in other nondefense sections. in...
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Aug 23, 2012
08/12
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KPIX
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. >>> the congressional budget office put out another warning about the so-called fiscal cliff. 2 million job losses are likely with the automatic tax increases and spending cuts go into effect at the end of the year. democrats and republicans are split on to extending the current tax rates to all americans. the new report find some middle class is getting smaller. the middle income earners are defined as those making between 39,100 $19,000 a year per family of three. the middle class shrank last year and was 61 percent back in 1971. >>> the company has never seen bigger losses. the silicon valley company confirms a loss almost $9 billion in the latest quarter. there's a failed acquisition of a technology consulting service. the third quarter losses $4.49 per share. it is not just for online transactions and more. revenue deal that will allow retailers to accept discover cards to process. to be able to use mobile devices. the partnership will discover it will expand the services to more than 70 million stores. the camel is a rare sight in the bay area. the people and pets per hour doing a
. >>> the congressional budget office put out another warning about the so-called fiscal cliff. 2 million job losses are likely with the automatic tax increases and spending cuts go into effect at the end of the year. democrats and republicans are split on to extending the current tax rates to all americans. the new report find some middle class is getting smaller. the middle income earners are defined as those making between 39,100 $19,000 a year per family of three. the middle class...
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Nov 27, 2012
11/12
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cliff. republicans are pressing the white house for a list of long- term spending cuts. democrats still want to raise income taxes on the rich. so far there is little outward signs the two sides are are closer to heading off the automatic tax increases and spending cuts economists have said could push the economy into another recession. the dow dropped 42 points today. the nasdaq was up by 9. the s&p closed by by 2. >>> a carbon monoxide scare that sent four people to the hospital in san francisco may have been a false alarm. for instance fire facers were called to a -- san francisco firefighters were called to a home last night where several family member complained of being sick and said they heard a fire alarm. thirteen people, including small children, were taken to the hospital, and some were found to have elevated levels of carbon monoxide, but pg & e found no gas leaks in the home. officials say it can be caused by smoking cigarettes. the >>> a fake press release stating that google h
cliff. republicans are pressing the white house for a list of long- term spending cuts. democrats still want to raise income taxes on the rich. so far there is little outward signs the two sides are are closer to heading off the automatic tax increases and spending cuts economists have said could push the economy into another recession. the dow dropped 42 points today. the nasdaq was up by 9. the s&p closed by by 2. >>> a carbon monoxide scare that sent four people to the hospital...
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Dec 1, 2012
12/12
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>> reporter: scott, leading republicans are now calling the president's latest fiscal cliff proposals-- and these are quotes-- "unreasonable, not serious even ludicrous." on the negotiations that are necessary to avoid the cliff, here's how house speaker john boehner described the status there. >> no, there's a stalemate. let's not kid ourselves. i'm not trying to make this more difficult. >> reporter: what set off this reaction was the president's proposal for $1.6 trillion in new taxes over ten years with tst of that coming from a tax hike on single americans making hire than $200,000 and married couples filing jointly making $250,000. boehner has hinted that republicans might raise half of that, $800 billion, but only by reducing tax loopholes. >> getting rid of special interest deductions and not raising rates we think is better for the economy, pure and ecole. >> reporter: there is also a gap on spending cuts. yemocrats say they've already agreed to cut one trillion dollars from future spending, republicans, including majority leader eric cantor, responded with this: >> all of a
>> reporter: scott, leading republicans are now calling the president's latest fiscal cliff proposals-- and these are quotes-- "unreasonable, not serious even ludicrous." on the negotiations that are necessary to avoid the cliff, here's how house speaker john boehner described the status there. >> no, there's a stalemate. let's not kid ourselves. i'm not trying to make this more difficult. >> reporter: what set off this reaction was the president's proposal for $1.6...
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Nov 30, 2012
11/12
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KPIX
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. >>> teetering on the edge of the "fiscal cliff." why republicans are calling the president's new proposal a joke. >> it's been a favorite for foodies and tourists. the final decision on the fate of a bay area oyster farm. >> and keeping an "eye on the storm" here in the bay area. your getting a a live look right now at the golden gate bridge where the commute is rolling along. but there are some warnings, some wind warnings on the bridges. we have you covered all around the bay area weather-wise when we come back. [ laughter ] [ girl ] wow, you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn't just move the tv into the playroom. no. we had to watch movies in the den because that's where the tv outlet was. and if dad was snoring on the couch, we muscled through it. is she for real? your generation has it made. [ male announcer ] the wireless receiver only from at&t u-verse. get a free wireless receiver with a qualifyi
. >>> teetering on the edge of the "fiscal cliff." why republicans are calling the president's new proposal a joke. >> it's been a favorite for foodies and tourists. the final decision on the fate of a bay area oyster farm. >> and keeping an "eye on the storm" here in the bay area. your getting a a live look right now at the golden gate bridge where the commute is rolling along. but there are some warnings, some wind warnings on the bridges. we have you...
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Dec 21, 2012
12/12
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KTVU
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insiders say it could benefit republicans to go over the fiscal cliff. tax rates would go up for everyone january 1st and pruns could vote for tax cuts then instead of tax hikes for the wealthy now. that said, president obama believes he and congress can quickly come up with a deal that pleases both parties. members of congress head home for christmas today. they get back to work next thursday, four days before the deadline. kyla campbell, ktvu channel 2 news. >>> right now san jose police are investigating a fatal stabbing that happened early in morning. this is the 45th homicide of the year in san jose. ktvu's janine de la vega is on the scene now tell us this all started at a party. >> reporter: we're here on oakland road. in the last few minutes we've seen officers looking in the parking lot. they've been using their flashlights and looking into bushes for evidence here in front of this business called the agency. that's where about 20 to 30 people were celebrating in the early-morning hours. at 3:00 this morning, police were called to that business
insiders say it could benefit republicans to go over the fiscal cliff. tax rates would go up for everyone january 1st and pruns could vote for tax cuts then instead of tax hikes for the wealthy now. that said, president obama believes he and congress can quickly come up with a deal that pleases both parties. members of congress head home for christmas today. they get back to work next thursday, four days before the deadline. kyla campbell, ktvu channel 2 news. >>> right now san jose...
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january 1st, fiscal cliff getting closer. boehner the president a letter you lining the republicans' plan it took two hours for the white house to reject it, saying it benefits wealth any and sticks middle class with the bill. republicans want cuts to -- [ unintelligible ] we have quiet start here on wall street, positive, dow and s&p, nasdaq lower investors continuing to track what is going on in washington. bloomberg index this morning a little lower. another positive report on home prices up 6.3% in october biggest jump since june of 2006. pending forecast indicates november index up more than 7% in california better, up more than 9% in october. live at the new york stock exchange, i'm jane king. >> you passed on grease how about a little singing in the rain? >> [ unintelligible ] >> if mike wants to sing, go ahead. >> sing and dance. >> soft shoe over there. >> i have an umbrella for you. you -- good morning. 6:48, looking from mount tamalpais this morning back down on what is mainly cloudy to the south, turning to the no
january 1st, fiscal cliff getting closer. boehner the president a letter you lining the republicans' plan it took two hours for the white house to reject it, saying it benefits wealth any and sticks middle class with the bill. republicans want cuts to -- [ unintelligible ] we have quiet start here on wall street, positive, dow and s&p, nasdaq lower investors continuing to track what is going on in washington. bloomberg index this morning a little lower. another positive report on home...
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Dec 5, 2012
12/12
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WTTG
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in the midst of the fiscal cliff negotiations and at one point, using the v word saying he would veto any bill coming to his desk, not including the higher taxes for wealthier households, shawn. >> thank you, tom fit gerald. >>> the cuban government is accusing washington of lying about the health of a maryland man in a cuban prison. allen gross is detained in havana for three years after being convicted of acting against the cuban government. a cuban diplomat said that gross will not be released without conditions and the government is willing to discuss a trade. gross in exchange for five cuban intelligence agents in a florida prison. >>> as the 5 continues, a breast cancer breakthrough. why a popular drug could change the way some patients are treated. >> it's not always easy to get motivated to exercise. stick around, an inspirational man who lost 310 pounds coming up. >> and prank callers managed to dune a worker -- dupe a worker at kate middleton hospital. >> and get ready for a cold overnight. as it looks like suburbs will be headed down into the 20s. first look at the forecast
in the midst of the fiscal cliff negotiations and at one point, using the v word saying he would veto any bill coming to his desk, not including the higher taxes for wealthier households, shawn. >> thank you, tom fit gerald. >>> the cuban government is accusing washington of lying about the health of a maryland man in a cuban prison. allen gross is detained in havana for three years after being convicted of acting against the cuban government. a cuban diplomat said that gross...
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Dec 9, 2012
12/12
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cliff. 53% say republicans in congress, 27% say president obama. 17% say it's both. what do republicans have in this battle? they really don't have much leverage, do they? >> the democrats faced the same thing in 2000, when george w. bush got elected, they realized they were going to have to scale back and do what he wanted hem to do. they're going to ask for entitle been reform. >> and this is going to happen on december 31st at 11:59? >> boehner and obama are meeting today for a reason because they know they have to do the chest beating inside and out. please, obama's begging, boehner's begging, they're going to finish this up. >>> a popular mexican american singer is missing. she just performed at a concert in mexico last night. what happened after she boarded a plane. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america.
cliff. 53% say republicans in congress, 27% say president obama. 17% say it's both. what do republicans have in this battle? they really don't have much leverage, do they? >> the democrats faced the same thing in 2000, when george w. bush got elected, they realized they were going to have to scale back and do what he wanted hem to do. they're going to ask for entitle been reform. >> and this is going to happen on december 31st at 11:59? >> boehner and obama are meeting today...
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Dec 21, 2012
12/12
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KPIX
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. >>> house speaker john boehner was going to have a vote on his plan b to avert "fiscal cliff." >> one problem: the republicans wouldn't support him on it. lawmakers were set to vote last night but there wasn't enough support. so speaker boehner canceled the vote. he designed the bill to prevent automatic tax hikes at the 1st of the year on people making less than $1 million. boehner says it's up to the president and democrats to make their move. >> i did my part. they have done nothing. >> it's very, very, very unfortunate the republicans have wasted an entire week on a number of pointless political stunts. >> house members are heading out of d.c. for christmas. and when they get back, there will be just four days left to hammer out a deal. >>> time is 5:10. drivers in the sierra packing snow chains today. >> and those famous locks gone. the extreme new hairstyle for this famous san francisco giant. >> also, the major change for a marine sanctuary in northern california. the plan to save a vibrant ecosystem packed with birds and fish. >> what is cool about your school? you can submit
. >>> house speaker john boehner was going to have a vote on his plan b to avert "fiscal cliff." >> one problem: the republicans wouldn't support him on it. lawmakers were set to vote last night but there wasn't enough support. so speaker boehner canceled the vote. he designed the bill to prevent automatic tax hikes at the 1st of the year on people making less than $1 million. boehner says it's up to the president and democrats to make their move. >> i did my...
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Dec 21, 2012
12/12
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KGO
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cliff. boehner was forced to call off a vote on plan b after several republicans said they wouldr7tm vote against it.[ç[d he's trying to arrange another meeting with president obama. he's expected to hold a news conference this morning at 7:00 our time. >>> former marine stationed outside a school, why he's now in trouble. >>> the end of the world? maybe notw[vm, we arewpoe stie so are the hundreds who are making a mint off the mayan doomsdayyybvb prophesy. >>> we are tracking the storm on live doppler 7 hd, as more rain moves into the bay area, mike will tell you what to expect. >>> good morning. 4:52. golden gate bridge a few cars, we don't see much moisture but mike will tell you more. >>> update on a storyñy2 about a brazen armed robbery inside a packed east bay wal-mart. police want you to look at cameras, two men they think held up the davis street wal-mart in san leandro monday afternoon. a 5/ least one of the men was armed with a handgun when the pair robbed a store it happened
cliff. boehner was forced to call off a vote on plan b after several republicans said they wouldr7tm vote against it.[ç[d he's trying to arrange another meeting with president obama. he's expected to hold a news conference this morning at 7:00 our time. >>> former marine stationed outside a school, why he's now in trouble. >>> the end of the world? maybe notw[vm, we arewpoe stie so are the hundreds who are making a mint off the mayan doomsdayyybvb prophesy. >>>...
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Dec 22, 2012
12/12
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KPIX
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cliff." >> as of today, i am still ready and willing to get a comprehensive package done. >> the remarks came after speaker boehner failed to gather enough of his party's support to bring his so-called plan b to the floor for a vote. his proposal would have effectively raised taxes only on those americans making more than a million dollars a year. house and senate members will be back at the capital on december 27th looking for that solution. >>> wall street worried about the "fiscal cliff" talks, stocks closed sharply lower today. the dow dropped more than 120 points. the nasdaq fell 29 points. the s&p dropped, as well. >>> california cannot stop people from using the so-called conversion therapy to try to turn gay minors straight. the federal appeals court issued an emergency order late this afternoon putting the law banning the therapy on hold. the law was the first of its kind set to take effect january 1. licensed counselors and two families who say their teenaged sons have benefited from it sought the injunction citing free speech rights. >>> it's official. president obama has nomi
cliff." >> as of today, i am still ready and willing to get a comprehensive package done. >> the remarks came after speaker boehner failed to gather enough of his party's support to bring his so-called plan b to the floor for a vote. his proposal would have effectively raised taxes only on those americans making more than a million dollars a year. house and senate members will be back at the capital on december 27th looking for that solution. >>> wall street worried...
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Nov 28, 2012
11/12
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KRON
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. >> president and obama and republicans are each setting up their approach to avoid the fiscal cliff. events this week were aimed at selling his remedy including allowing higher taxes on the wealthy. republicans are claiming that he should instead be sitting down to talk more with them. >> it seems like our president is having some sort of difficulty turning off the campaign. we need to sit down and work this matter out. >> there is little progress with the republicans which is disappointing to me. i they talked some happy talk about revenues but we only have a few weeks to get something done. >> of republicans have had their own meetings. the fiscal cliff is a series of tax increases and spending cuts that economists predict could send the u.s. into a recession. former senator bob dole of kansas has been hospitalized. not many details were replaceleased. his name was mentioned on the senate floor today. dole over came disabling work injuries to perform his 26 year political career. >> hector camacho camacho died saturday after being shot outside a bar. during his career the flamboya
. >> president and obama and republicans are each setting up their approach to avoid the fiscal cliff. events this week were aimed at selling his remedy including allowing higher taxes on the wealthy. republicans are claiming that he should instead be sitting down to talk more with them. >> it seems like our president is having some sort of difficulty turning off the campaign. we need to sit down and work this matter out. >> there is little progress with the republicans which...
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Dec 4, 2012
12/12
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KRON
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. >> republicans are far apart on the fiscal cliff talks. where will have more on this coming up. >> now at least in the early morning commute we have been for the most part dry. >> maybe later on tonight, for arrests of the bay area is dry tuesday morning. there are no issues. it is cool and it will remain cool as we head into afternoon. it is really to mar when the modern iran will pick up.tomorre rain will pick up. >> the cool front is around eureka. i will walk you through the timing and what to expect. >> chp are checking into a car fire that is on the san mateo bridge. this is the only problem and traffic looks good at the bay bridge and metering lights have been activated. the salmon tell bridge is problem feehigh'd to pick up a little slowing. arrest of the bay area is light. >> things are picking up for meaning. the trend is up and running and all. the power was not bonot doubt. >> let's talk about closures. we have four fire stations across contra costa county that will close in early january after voters rejected a measure that wo
. >> republicans are far apart on the fiscal cliff talks. where will have more on this coming up. >> now at least in the early morning commute we have been for the most part dry. >> maybe later on tonight, for arrests of the bay area is dry tuesday morning. there are no issues. it is cool and it will remain cool as we head into afternoon. it is really to mar when the modern iran will pick up.tomorre rain will pick up. >> the cool front is around eureka. i will walk you...
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Nov 16, 2012
11/12
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KGO
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. >> president obama meets with top republicans and democrats in congress to talk about the looming fiscal cliff. congressional leaders will go to the white house to talk about averting automatic tax increases and deep spending cuts that will take effect in january. president will also meet with leaders of civil rights groups and other organizations to get their input. >> he spoke this week with labor leaders and corporate ceos who have backed the call for a greater tax revenue. >> eric: jim harbaugh but a is expected to be back at work after being treated for an irregular heartbeat. he visited the 49er facility late afternoon before doctors sent him home. he is expected back at practice in santa clara. news of his conditions caught players by surprise but as linebacker patrick willis says harbaugh is tougher an two dollar steak. >> kristen: three major airports are bracing for big crowds. san francisco expects 140,000 passengers to arrive or depart today. more people are expected to travel because of the improving economy. sfo says it expects to is see a 3% increase in passengers compared
. >> president obama meets with top republicans and democrats in congress to talk about the looming fiscal cliff. congressional leaders will go to the white house to talk about averting automatic tax increases and deep spending cuts that will take effect in january. president will also meet with leaders of civil rights groups and other organizations to get their input. >> he spoke this week with labor leaders and corporate ceos who have backed the call for a greater tax revenue....
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Dec 17, 2012
12/12
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KGO
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cliff talks. house speaker has agreed to raise taxes on households i think more than million dollars a year if president obama agrees to cut entitlement programs. online retailers gearing up for a busy day. flee shipping day, last day to arrive before christmas. >>> it's 5:46. light rain in the bay area. >> just about everybody, everybody is getting moist. we take a look at, you see a few drops as we look toward the south. embarcadero center and the bridge. it's not too heavy, a mile away from where we are the live doppler 7-hd, that is some drizzle and possibly light rain where we see some green up to 80 approaching vallejo and over the santa cruz mountains. we see pulling away from napa and heading toward green valley road and also wooden valley road heading into 80 where it is more of a valley where we're seeing our best radar returns. heading down to the south, san mateo we're looking hayward street, howard street, excuse me. fremont, same area, coming out of the sunol grade into 880 and 680 t
cliff talks. house speaker has agreed to raise taxes on households i think more than million dollars a year if president obama agrees to cut entitlement programs. online retailers gearing up for a busy day. flee shipping day, last day to arrive before christmas. >>> it's 5:46. light rain in the bay area. >> just about everybody, everybody is getting moist. we take a look at, you see a few drops as we look toward the south. embarcadero center and the bridge. it's not too heavy, a...
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Dec 31, 2012
12/12
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cliff. >>> back here concord believe a street racing teenager lost control of his car and slammed into the lobby of a concord funeral yesterday. the driver was racing a car on clayton street, his car smashed through the front of the funeral chapel. the driver and passenger suffered serious injuries, elderly man in the funeral home's lobby suffered minor injuries. >>> notorioustzg partying of new year's eve is still hours away, law enforcement has been cracking down on drunk drivers. chp realized 120 three for dui over the with weekend in the -- 123 for dui over the weekend in the bay areav(mñ down from 161 last year. no fatal crashes over the past two days at this time last year,)vhh> two people had been killed on bay area roads. >>> san francisco city officials are urging new year's eve party-goers to take advantage of several transit options and leave the car at home tonight. bart will be running trains until 3 a.m., new year's day if you are coming from the east bay, pittsburg bay point
cliff. >>> back here concord believe a street racing teenager lost control of his car and slammed into the lobby of a concord funeral yesterday. the driver was racing a car on clayton street, his car smashed through the front of the funeral chapel. the driver and passenger suffered serious injuries, elderly man in the funeral home's lobby suffered minor injuries. >>> notorioustzg partying of new year's eve is still hours away, law enforcement has been cracking down on drunk...
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Dec 4, 2012
12/12
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KRON
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>>catherine: the white house is rejecting a republican averting the "fiscal cliff,"... saying it would lower tax rates for the wealthy and stick the middle class with the bill. the house republican plan calls for 800-billion dollars in higher tax revenue over 10 years... but would keep the bush-era tax cuts in place for all income earners. president obama wants to end tax cuts for americans making more than 250-thousand dollars a year. the bottom line -- lawmakers made no progress today on an agreement. >> mitt romney has a job again.. he's returning to the board of directors at marriott international hotel.... he's been on the board twice before - but left to run for political office. romney has kept a low profile since the election - spending his time with his family at their california home. the romney and marriott families are close -- in fact - willard mitt romney was named after the hotel's founder -- j. willard marriott... >> heavy fighting between rebel and government forces in syria. now there is concern that syria could plan on using chemical weapons against t
>>catherine: the white house is rejecting a republican averting the "fiscal cliff,"... saying it would lower tax rates for the wealthy and stick the middle class with the bill. the house republican plan calls for 800-billion dollars in higher tax revenue over 10 years... but would keep the bush-era tax cuts in place for all income earners. president obama wants to end tax cuts for americans making more than 250-thousand dollars a year. the bottom line -- lawmakers made no...
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Nov 29, 2012
11/12
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CNBC
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will the fiscal cliff impact the mustang ranch? >> well, if folks run out of money and jobs, i suppose it could. >> gillman is a republican who is looking to nevada's powerful democrat, harry reid, to keep that from happening. >> do you like harry reid? >> harry reid and i have been friends for 30 years. harry and i both share a vision and a love for the state of nevada. >> susan austin says even here the cliff will hurt. >> anything that happens in washington affects everybody in the united states. it's going to trickle down to me sooner or later. it's definitely going to hurt me in the end. >> now, the ranch owner says political leaders need to realize money is on the sidelines until confidence returns. as for susan austin, you can see her entire interview on the blog funnybusiness.cnbc.com. back to you. >> thanks so much. we'll be watching that. jane wells. >>> two more companies announcing special dividends tonight. here's a quick market flash. >> that's right. national beverage confirming its board has decided to distribute a
will the fiscal cliff impact the mustang ranch? >> well, if folks run out of money and jobs, i suppose it could. >> gillman is a republican who is looking to nevada's powerful democrat, harry reid, to keep that from happening. >> do you like harry reid? >> harry reid and i have been friends for 30 years. harry and i both share a vision and a love for the state of nevada. >> susan austin says even here the cliff will hurt. >> anything that happens in...
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Dec 17, 2012
12/12
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KGO
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republicans give an inch in the fiscal cliff debate. what they're willing to give up to keep tax cuts for the middle class from expiring. >> so much violence, people in the bay area are fighting back. these random acts of kindness coming up. >> leigh: i'm leigh glaser. accuweather seven-day forecast showing a pretty stormy outlook for this u >> ama: doweling news. a driver flipped her car near the caldecott tunnel. its burt burst into flames. the drive lost control, her car nipped and hit a tree. both women inside were able to escape without injury. >>> we can all probably use a big hug and that's what volunteers from the hunting happiness project were delivering at the oakland farmers market today. as a visitor who browsed in jack london square, they were hit with random acts of kindness. hugs and high fives or encouraging words, small gestures that make a big difference. >> hugs can help you get through the day. i think that's something that is meaningful. >> it's nice to reach out and just be nice. something we need to do more of, i
republicans give an inch in the fiscal cliff debate. what they're willing to give up to keep tax cuts for the middle class from expiring. >> so much violence, people in the bay area are fighting back. these random acts of kindness coming up. >> leigh: i'm leigh glaser. accuweather seven-day forecast showing a pretty stormy outlook for this u >> ama: doweling news. a driver flipped her car near the caldecott tunnel. its burt burst into flames. the drive lost control, her car...
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Dec 26, 2012
12/12
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KGO
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avoid the fiscal cliff. this morning the ceo shulz asked all of his washington, d.c. employees to , come together. >> if you are looking to turn that ugly sweater -- to return that ugly sweater from aunt imagine, today may not be the best -- day. >>> good morning. more signs of recovery in the housing market numbers show home prices climbed in the 12 months through october by the most in more than two years more than 4% gain if you look on the month-to-month increase, san francisco coming in number five, las vegas had the biggest monthly gain. christmas is over, let the returns begin. if you received any gifts you don't want, you might want to wait a few days to return it. today is the worst days to do returns because the lines are longest, store clerks burned out. in the markets, pretty quiet at the moment]ó;o, slight gains for the benchmark averages as well as bloomberg index, a lot of wait and see. as people unwrap new gifts a green citizen says don't forget to recycle old electronics, it expects to see
avoid the fiscal cliff. this morning the ceo shulz asked all of his washington, d.c. employees to , come together. >> if you are looking to turn that ugly sweater -- to return that ugly sweater from aunt imagine, today may not be the best -- day. >>> good morning. more signs of recovery in the housing market numbers show home prices climbed in the 12 months through october by the most in more than two years more than 4% gain if you look on the month-to-month increase, san...
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Nov 27, 2012
11/12
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KNTV
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so-called fiscal cliff. some prominent republican senators, who were dead set against tax hikes, may consider other alternatives. gop senator bob corker has a ten-year, $4.5 billion proposal that hits the wealthiest, but it also curbs social security and medicare benefits. so far he's not garnered any democratic support. >> you don't raise rates, you just cap the amount of itemized deductions that taxpayers -- it hits the wealthy. >> there's going to come a point in time where we can't borrow any more money and interest rates are going to skyrocket. >> this congress is one vote away from avoiding the fiscal cliff. >> if a budget deal is not reached by the end of the year, automatic spending cuts and tax hikes will kick in. >>> here is a very interesting study. new this morning, bay area breast cancer rates are on the rise. that according to a new study released overnight. as the research shows, the numbers are causing some concern in certain areas. marla tellez is in our newsroom with all the new findings. >
so-called fiscal cliff. some prominent republican senators, who were dead set against tax hikes, may consider other alternatives. gop senator bob corker has a ten-year, $4.5 billion proposal that hits the wealthiest, but it also curbs social security and medicare benefits. so far he's not garnered any democratic support. >> you don't raise rates, you just cap the amount of itemized deductions that taxpayers -- it hits the wealthy. >> there's going to come a point in time where we...
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Dec 1, 2012
12/12
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KRON
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. >> when the treasury secretary issued the proposal to avoid the fiscal cliff to republicans that they laughed. house speaker stated that bulls then the revenue over the next decade would be a crippling blow to the economy. >> let's not kid ourselves. the country cannot afford nor should we try to think in terms of this. >> the key sticking point is taxes. the democrats want to extend the bush cuts. republicans do not want to a tax rate increases on anyone period. they hope that by the president coming out to talk to the public that this will help congress make a decision. with just 32 days before the tax hikes there are as you signs of progress. >> still ahead on kron 4 news weekend. we are continuing to follow the storm. we will have a live report from milk valley and conditions there. let's take a live look at the san mateo bridge. the traffic is moving okay. >> some breaks de and snowboarding conditions are in the sierra this weekend. if these pictures were sent to us from north star resorts. this is the power both ski trail at north star. the resort got 12 in. of new snow thursday
. >> when the treasury secretary issued the proposal to avoid the fiscal cliff to republicans that they laughed. house speaker stated that bulls then the revenue over the next decade would be a crippling blow to the economy. >> let's not kid ourselves. the country cannot afford nor should we try to think in terms of this. >> the key sticking point is taxes. the democrats want to extend the bush cuts. republicans do not want to a tax rate increases on anyone period. they hope...
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Nov 30, 2012
11/12
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KICU
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. >> today house speaker john boehner rejected president obama's proposal to avoid the fiscal cliff. boehner said no progress was made. boehner accused democrats of not being serious of real spending cuts. but democrats say republicans are causing the hold up. the proposal consisted of $1.6 trillion in higher taxes, they also wanted 50 billion for infrastructure. the president in return approved spending cuts this year and legislation for saving up to $400 million for programs like medicare over a decade. >>> former rivals president obama and governor romney spoke in private. and what they said remains in private. the white house did release a photo and reported that they had white turkey chili and south western chicken salad. when romney arrived, a man ran up to him and said something. secret service quickly ran up to him. >>> imagine running the equivalent of a marathon a day. patty lee shows us what inspired a 25-year-old san francisco woman to spend the past five months making this cross country journey. >>> it took four months, 3,200 miles and 12 pairs of running shoes to get he
. >> today house speaker john boehner rejected president obama's proposal to avoid the fiscal cliff. boehner said no progress was made. boehner accused democrats of not being serious of real spending cuts. but democrats say republicans are causing the hold up. the proposal consisted of $1.6 trillion in higher taxes, they also wanted 50 billion for infrastructure. the president in return approved spending cuts this year and legislation for saving up to $400 million for programs like...
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Dec 10, 2012
12/12
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cliff. nurses in 10 states, including here in the bay area are holding a candlelight vigil tonight, president obama heads to detroit. in washington republicans and democrats remain far from a deal. a slight ray of hope, as mr. obama and speaker boehner met face-to-face. in washington can't strike a deal by the end of the year all -- automatic spending cuts go into effect. >>> the white house has ordered military to plan on slashing 500 billion from its budget over the next 10 years. federal funding for schools will be cut 8.2% some ideas include eliminating tax deduction for charitable contributions. no longer allowing homeowners who write-off mortgage payments. >>> time for a check on the weather. >>> 68 in santa rosa, going to be well above average by four to eight degrees. good morning. fairfield six mile visibility, santa rosa 1 and 3/4 everybody else unlimited. land breeze keeping clouds out over the coast. coolest inland where we have the 40s, except napa 51 around the bay and coast in
cliff. nurses in 10 states, including here in the bay area are holding a candlelight vigil tonight, president obama heads to detroit. in washington republicans and democrats remain far from a deal. a slight ray of hope, as mr. obama and speaker boehner met face-to-face. in washington can't strike a deal by the end of the year all -- automatic spending cuts go into effect. >>> the white house has ordered military to plan on slashing 500 billion from its budget over the next 10 years....
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Dec 4, 2012
12/12
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the latest round of "fiscal cliff" negotiations. the republican proposal includes cutting $900 billion from medicare and reforming social security. it would also raise $800 billion in tax reforms. but the white house says the offer still favors cutting taxes for the wealthy. >> us this far, republican leaders have been adamant that they don't believe rates ought to go up on the top 2% of wealthiest americans. the american people overwhelmingly disagree. >> if the president and republicans can't come to a compromise, everyone's taxes will go up january 1. government spending will be slashed. >>> the dow lost 60. the nasdaq was down 8, s&p down 7. >>> the storms that blew through the bay area brought down many trees and that's meant a hard lesson for homeowners who were cleaning up today. cbs 5 consumerwatch reporter julie watts explains your insurance doesn't always cover fallen trees. julie. >> reporter: something many are likely learning following this weekend's storm. we received photos from across the bay area of downed trees on
the latest round of "fiscal cliff" negotiations. the republican proposal includes cutting $900 billion from medicare and reforming social security. it would also raise $800 billion in tax reforms. but the white house says the offer still favors cutting taxes for the wealthy. >> us this far, republican leaders have been adamant that they don't believe rates ought to go up on the top 2% of wealthiest americans. the american people overwhelmingly disagree. >> if the president...
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Dec 5, 2012
12/12
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KRON
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. >> just 26 days until the fiscal cliff and the republicans and the white house seemed to of found some common ground. both sides agree that tax revenue and and reduction in entitlement spending in medicare are key elements in the deal. the republicans may be softening on raising taxes for the wealthiest americans. the white house may be bending on some greater spending cuts for medicare and raising the age from 65 to 67. they will be work meeting witlater on. >> if you can see the rain coming down, livermore is getting hammered. we will be right back. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, re
. >> just 26 days until the fiscal cliff and the republicans and the white house seemed to of found some common ground. both sides agree that tax revenue and and reduction in entitlement spending in medicare are key elements in the deal. the republicans may be softening on raising taxes for the wealthiest americans. the white house may be bending on some greater spending cuts for medicare and raising the age from 65 to 67. they will be work meeting witlater on. >> if you can see the...
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Nov 8, 2012
11/12
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in congress, urging them to compromise before america falls off the fiscal cliff. what's that? long-term unemployment benefits and the 2% payroll tax cut expiring. a big cut in medicare payments and your taxes going up january 1 if congress doesn't act. plus, another $500 billion in cuts at the pentagon. boeing, the military's second largest supplier, already announced its second round of executive layoffs. >> nobody wants to see this fiscal cliff without a deal because the cuts are severe and the tax increases are severe. and so we've got to find a path forward. >> reporter: on capitol hill, leaders signaled compromise. >> compromise is not a dirty word. i want to work together. but i want everyone to also understand, you can't push us around. >> i'm not suggesting we compromise on our principles. but i am suggesting that we commit ourselves to creating an atmosphere where we can seek common ground where it exists. >> reporter: post-election, the same president, the same balance of power in congress and the same problem that divided a nation. tracie potts, nbc new
in congress, urging them to compromise before america falls off the fiscal cliff. what's that? long-term unemployment benefits and the 2% payroll tax cut expiring. a big cut in medicare payments and your taxes going up january 1 if congress doesn't act. plus, another $500 billion in cuts at the pentagon. boeing, the military's second largest supplier, already announced its second round of executive layoffs. >> nobody wants to see this fiscal cliff without a deal because the cuts are...
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Dec 4, 2012
12/12
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counter plan to avoid that "fiscal cliff." >> republicans need to acknowledge it that that's the only way to get from here to there. >> from across the bay to around the world -- >> obviously, we want a family so we have to start thinking about that. >> -- the stories that matter on "eyewitness news this morning." ♪ [ music ] >>> good morning. it's tuesday, december 4. i'm michelle griego. >> hi, everyone. i'm frank mallicoat. it's 5:31 on this tuesday. muni service back to normal on market street this morning. power was just restored to the subway. last night service was shut down for hours. cate caugiran joins us now. >> reporter: they had their hands full yesterday michelle and frank. but i just spoke with a muni spokesman on the phone who told me in terms of the morning commute, they are happy to say that again all trains are back up and running an service has been fully restored. now this is because crews were working well into the night to restore power to all of those underground transit stations. now, all trains were stopped just before 6:00 last night. muni says the melt yo
counter plan to avoid that "fiscal cliff." >> republicans need to acknowledge it that that's the only way to get from here to there. >> from across the bay to around the world -- >> obviously, we want a family so we have to start thinking about that. >> -- the stories that matter on "eyewitness news this morning." ♪ [ music ] >>> good morning. it's tuesday, december 4. i'm michelle griego. >> hi, everyone. i'm frank mallicoat. it's...
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Dec 18, 2012
12/12
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KGO
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. >>> washington may be taking a step back from the fiscal cliff. next, the offer from the white house that republicans will consider this morning. >>> mystery of a stolen hollywood film. why application and the movie studio are [ boy 1 ] hey! that's the last crescent. oh, did you want it? yea we'll split it. [ female announcer ] made fresh, so light, buttery and flakey. that's half that's not half! guys, i have more! thanks mom [ female announcer ] pillsbury crescents. let the making begin just unroll it, fill, top, bake, and present. that must have taken you forever! it was really tough. [ female announcer ] pillsbury pie crust. let the making begin >>> this morning house speaker boehner will present the white house's latest offer to house republicans. it would eliminate a tax cut for americans earning more than $400,000 a year. it would cut 400 billion dollars from health care programs and 200 billion dollars from other programs over the next 10 years. the offer would not change the eligibility age for medicare and that could be a sticking point
. >>> washington may be taking a step back from the fiscal cliff. next, the offer from the white house that republicans will consider this morning. >>> mystery of a stolen hollywood film. why application and the movie studio are [ boy 1 ] hey! that's the last crescent. oh, did you want it? yea we'll split it. [ female announcer ] made fresh, so light, buttery and flakey. that's half that's not half! guys, i have more! thanks mom [ female announcer ] pillsbury crescents. let...